Congress should look to the Harding administration for a playbook on ending recessions

The Washington Times ^ | April 27, 2020 | Adam Brandon

[CheshireTheCat]

America’s relationship with the free market is on the rocks as a result of the ongoing COVID-19 pandemic. Economic commentators have already begun calling the current crisis a recession. The government response to this apparent recession has been unprecedented. But there is another, better way to tackle our economic woes. If we take a look back at our history, we can find a model in President Warren Harding’s wildly successful laissez faire approach to tackling the Recession of 1920.

We’ve seen countless comparisons in today’s media of the coronavirus to the 1918 Spanish Flu. Not only is it natural to draw such comparisons, but doing so is key to understanding the U.S. response, both then and now.

[CheshireTheCat]

They should, but they won't.

[rarestia]

Harding and Coolidge are two presidents woefully under-taught by our schools. The work they did for America in the early 20th century was foundational only to be torn down by the psychosis that was liberalism shortly thereafter.

[lapsus calami]

 

 

The big difference between then and now is that Harding didn't have an international cabal of globalist corporations, Chinese Communists, Eurotrash unionists and treasonous domestic media, bureaucrats and politicians undermining him at every turn.

 

 

[arthurus]

Harding and Coolidge were America’s two best presidents after George Washington, not the greatest, but greatest doesn’t mean best.

[foreverfree]

Bump